Terms
tariffs
Type
Simple Agro
Loan purpose
Acquisition of fixed and working capital, financing of accounts payable
Loan currency
AMD
Borrower
RA resident individual aged 18-65
Grace period for loan principal payment
0
Grace period for loan principal payment
6-36 months
Loan amount**
Minimum: 300,000 AMD
Maximum: 1,500,000 AMD
Lending method
Lump sum
Annual nominal interest rate of the loan /fixed/
19%
Effective annual interest rate of the loan
20.75-20.81%
Loan issuance and service fee
None
Penalty on overdue principal amount
0.1% daily
Penalty on overdue interest
0.13% daily
Penalty on early repayment
None
Repayment method
Annuity